Satoshis Per Share (SPS)
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American Bitcoin Enters Top 20 Publicly Traded Bitcoin Treasury Companies by Holdings
Prnewswire· 2025-12-16 11:30
MIAMI, Dec. 16, 2025 /PRNewswire/ -- American Bitcoin Corp. (Nasdaq: ABTC) ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, held approximately 5,098 Bitcoin in its strategic reserve as of December 14, 2025, placing the Company among the top 20 publicly traded Bitcoin treasury companies by Bitcoin holdings. The Bitcoin were acquired through a combination of Bitcoin mining and strategic purchases and include Bitcoin held in c ...
American Bitcoin Adds 139 Bitcoin, Increasing Strategic Reserve to 4,004 Bitcoin
Prnewswire· 2025-11-07 11:30
Core Insights - American Bitcoin Corp. has acquired approximately 139 Bitcoin since October 24, 2025, bringing its total holdings to approximately 4,004 Bitcoin as of November 5, 2025 [1][3][4] - The company reports a Satoshis Per Share (SPS) of 432, reflecting a 3.35% increase over a 12-day period [3][4] Bitcoin Reserve - As of October 24, 2025, the Bitcoin reserve was 3,865, which increased to 3,960 by November 3, 2025, and reached 4,004 by November 5, 2025 [4] - The Bitcoin reserve includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN [4] Satoshis Per Share (SPS) - The SPS metric, which indicates the amount of Bitcoin attributable to each outstanding share, is currently at 432, showing a 3.35% increase from the previous measurement [3][4] - The SPS provides investors with visibility into their indirect ownership of Bitcoin through their equity in the company [2] Company Strategy - The company employs a dual strategy that combines scaled Bitcoin mining operations with disciplined at-market purchases to expand its Bitcoin holdings [3][6] - The focus is on building America's Bitcoin infrastructure and providing institutional-grade exposure to Bitcoin [6]
American Bitcoin Acquires 1,414 Bitcoin and Increases Strategic Reserve to 3,865 Bitcoin
Prnewswire· 2025-10-27 10:30
Core Insights - American Bitcoin Corp. has acquired approximately 1,414 Bitcoin, bringing its total holdings to about 3,865 Bitcoin as of October 24, 2025 [1][5] - The company aims to provide transparency to investors by updating the Satoshis Per Share (SPS) metric, which reflects the amount of Bitcoin attributable to each outstanding share [2][4] - The company differentiates itself from traditional Bitcoin treasury vehicles through integrated mining operations, allowing for a lower average cost per Bitcoin [3] Bitcoin Holdings - As of October 24, 2025, American Bitcoin holds approximately 3,865 Bitcoin, which includes Bitcoin acquired through mining and strategic purchases [1][5] - The company has recently acquired 1,414 Bitcoin from September 1 to October 24, 2025 [5] Satoshis Per Share (SPS) - The SPS as of October 24, 2025, is 418, representing a 52% increase from the previous measurement [4] - SPS is calculated by multiplying total Bitcoin holdings by the Satoshi conversion ratio and dividing by the number of outstanding shares [2] Company Strategy - The company focuses on increasing its Bitcoin holdings to enhance shareholder value [3] - By producing Bitcoin directly through mining, the company aims to achieve a cost advantage over competitors that purchase Bitcoin exclusively on the open market [3][8]